
(in millions)	June 30, 2026		December 31, 2025
4.750% Senior Secured Notes due 20271	44		44
4.375% Senior Secured Notes due 20281	72		72
6.875% Senior Secured Notes due 20291	605		605
5.45% Senior Secured Notes due 20341	400		400
5.95% Senior Secured Notes due 20431	300		300
6.375% Senior Secured Notes due 20671	225		225
6.25% Senior Secured Notes due 20681	500		500
Senior secured credit facility1	2,900		2,900
Finance lease obligations2	1		2
Less deferred loan costs, net1, 3			(24)
Total consolidated QVC Inc debt, prior to reclassification to Liabilities subject to compromise	5,047		5,024
Less current portion	(1)		(5,023)
Less amounts reclassified to Liabilities subject to compromise	(5,046)		—
Long-term portion of debt	$	—	1

(1) Classified as current at December 31, 2025.
(2) Classified as current at June 30, 2026.
(3) As a result of the Company's Chapter 11 Cases, the Company expensed $24 million of deferred loan costs to Reorganization items, net for the three months ended June 30, 2026.